A & B engaged in a partnership with a 40% and 60% profit sharing. Now they are decided to change profit sharing to 25% and 75%.
is it necessary to execute a new deed?
or is it possible to adopt this change by preparing an amendment deed?
A & B engaged in a partnership with a 40% and 60% profit sharing. Now they are decided to change profit sharing to 25% and 75%.
is it necessary to execute a new deed?
or is it possible to adopt this change by preparing an amendment deed?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
